Commercial International Bank (Egypt) S.A.E. (LON:CBKD) Trading 2.6% Higher - What's Next?

Key Points

• Shares of Commercial International Bank (Egypt) S.A.E. rose by 2.6% during mid-day trading, closing at GBX 2 ($0.03) with a trading volume increase of 15%.
• The bank has a market capitalization of £58.51 million, a PE ratio of 7.65, and a beta of 0.56, indicating relatively low volatility.
• Commercial International Bank operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management, providing a variety of financial products and services.

Commercial International Bank (Egypt) S.A.E. (LON:CBKD - Get Free Report) was up 2.6% on Wednesday . The company traded as high as GBX 2 ($0.03) and last traded at GBX 2 ($0.03). Approximately 1,020,559 shares were traded during trading, an increase of 15% from the average daily volume of 884,013 shares. The stock had previously closed at GBX 1.95 ($0.03).

Commercial International Bank (Egypt) S.A.E. Price Performance

The business has a 50-day moving average price of GBX 1.72 and a 200-day moving average price of GBX 1.56. The firm has a market capitalization of £57.04 million, a price-to-earnings ratio of 7.46 and a beta of 0.56.

About Commercial International Bank (Egypt) S.A.E.

Commercial International Bank (Egypt) SAE. provides financial products and services in Egypt. The company operates in four segments: Corporate Banking, Investment, Retail Banking, and Assets and Liabilities Management. It offers current and saving accounts, business accounts, time deposits, and certificates of deposit; car, personal, travel, solar, education, and overdraft loans; fund investment management; mortgages services; and insurance products.